Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.31B |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$339M |
| 3 |
Tesla
TSLA
|
+$275M |
| 4 |
Alibaba
BABA
|
+$236M |
| 5 |
AGN
Allergan plc
AGN
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$474M |
| 2 |
Gilead Sciences
GILD
|
+$359M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
Intel
INTC
|
+$248M |
| 5 |
Microsoft
MSFT
|
+$237M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 91.94% |
| 2 | Technology | 2.38% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.04% |
| 5 | Healthcare | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
6451
PUT
Televisa
TV
$1.45B
| $506K | ﹤0.01% |
20,500
+3,400
| +20% | +$87.4K |
|
|
WDR
6452
CALL
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $506K | ﹤0.01% |
25,200
-71,100
| -74% | -$1.37M |
|
|
ACTA
6453
PUT
DELISTED
Actua Corp
ACTA
| $506K | ﹤0.01% |
+33,100
| New | +$436K |
|
|
TCF
6454
DELISTED
TCF Financial Corporation
TCF
| $506K | ﹤0.01% |
29,679
+15,925
| +116% | +$251K |
|
|
AAT
6455
PUT
American Assets Trust
AAT
$1.38B
| $505K | ﹤0.01% |
12,700
-5,400
| -30% | -$217K |
|
6456
PUT
Gentherm
THRM
$1.21B
| $505K | ﹤0.01% |
13,600
+600
| +5% | +$20.5K |
|
6457
CALL
Antero Midstream
AM
$10.6B
| $504K | ﹤0.01% |
+24,600
| New | +$491K |
|
6458
PUT
Merit Medical Systems
MMSI
$5.4B
| $504K | ﹤0.01% |
+11,900
| New | +$480K |
|
|
INST
6459
CALL
DELISTED
Instructure, Inc.
INST
| $504K | ﹤0.01% |
+15,200
| New | +$470K |
|
6460
Kodak
KODK
$885M
| $503K | ﹤0.01% |
68,443
+23,433
| +52% | +$195K |
|
|
MRNS
6461
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $503K | ﹤0.01% |
+21,405
| New | +$240K |
|
|
ARTX
6462
CALL
DELISTED
Arotech Corporation
ARTX
| $503K | ﹤0.01% |
119,700
+92,500
| +340% | +$335K |
|
|
FXS
6463
CALL
DELISTED
Invesco CurrencyShares Swedish Krona Trust
FXS
| $503K | ﹤0.01% |
+4,300
| New | +$507K |
|
6464
PUT
Team
TISI
$113M
| $502K | ﹤0.01% |
+3,760
| New | +$574K |
|
6465
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$101M
| $502K | ﹤0.01% |
333
-13
| -4% | -$21.8K |
|
6466
CALL
Daktronics
DAKT
$932M
| $501K | ﹤0.01% |
47,400
-6,800
| -13% | -$66K |
|
6467
eBay
EBAY
$47B
| $501K | ﹤0.01% |
13,029
-346,476
| -96% | -$12.6M |
|
6468
CALL
First Community Bankshares
FCBC
$925M
| $501K | ﹤0.01% |
+17,200
| New | +$460K |
|
6469
PUT
FerroAtlántica
GSM
$761M
| $501K | ﹤0.01% |
38,100
+15,200
| +66% | +$197K |
|
6470
PUT
Medallion Financial
MFIN
$274M
| $501K | ﹤0.01% |
231,100
-5,000
| -2% | -$11.7K |
|
|
ABCO
6471
DELISTED
Advisory Board Co
ABCO
| $501K | ﹤0.01% |
9,342
-22,655
| -71% | -$1.22M |
|
|
PAK
6472
DELISTED
Global X MSCI Pakistan ETF
PAK
| $501K | ﹤0.01% |
8,634
-232
| -3% | -$14.2K |
|
6473
First Horizon
FHN
$11.7B
| $500K | ﹤0.01% |
+26,131
| New | +$458K |
|
6474
KeyCorp
KEY
$23.4B
| $500K | ﹤0.01% |
+26,553
| New | +$480K |
|
6475
Prudential Financial
PRU
$41.3B
| $500K | ﹤0.01% |
4,700
-14,800
| -76% | -$1.58M |
|
Similar funds
Jeff Yass's Q3 2017 Portfolio in Review
As of Q3 2017, Jeff Yass held 10,422 positions worth $259B, up 14% from $228B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q3 2017 filing shows 1,312 new, 3,605 increased, 3,645 reduced and 1,693 closed positions. Its largest new stake was JPMorgan Chase: 794,224 shares worth $75.9M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $474M.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q3 2017 buy was JPMorgan Chase: 794,224 shares worth $75.9M.
- Jeff Yass added most to Apple in Q3 2017, an estimated $1.31B increase.
- Jeff Yass's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $474M.
- Jeff Yass fully exited iShares 20+ Year Treasury Bond ETF in Q3 2017, selling an estimated $69.3M.
- Jeff Yass's ten largest holdings make up 24% of its $259B portfolio in Q3 2017.
- Jeff Yass opened 1,312 new positions and closed 1,693 in Q3 2017.
- Jeff Yass's portfolio value rose 14% quarter-over-quarter to $259B.
Based on Susquehanna International Group's 13F filing for Q3 2017, filed 14 Nov 2017.